Dassault Aviation Falls 1.84%, Chengdu Aircraft Up 20% After Pakistan Downs 3 Indian Rafales

11 posts • GPT (4.1)

Updated May 7, 2025, 10:11 PM

Dassault Aviation, the French manufacturer of Rafale fighter jets recently acquired by India, saw its shares fall by 1.84% following reports that several Indian aircraft, including three Rafale jets, were shot down by Pakistan during an aerial confrontation. The decline reversed recent gains for the company. Meanwhile, shares of Chengdu Aircraft Corporation, the Chinese producer of JF-17 and J-10C fighter jets used by Pakistan, rose by 20% on the Shenzhen stock market. The increase followed Pakistan's claims that its air force downed five Indian aircraft, including three Rafales, and three combat drones after India launched missile strikes at five locations inside Pakistan on the night of May 6–7. Pakistan operates 168 JF-17 Thunder jets and 25 J-10C aircraft, both of which reportedly participated in the engagement. Footage of destroyed Indian posts was shown during a press briefing by ISPR. Military spokespersons from Pakistan stated that the actions were defensive in response to Indian aggression, with Pakistan reserving the right to retaliate at a time and place of its choosing. Analysts noted that the market reaction reflects investor confidence in the effectiveness of Chinese-made defense systems.

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#Dassault Aviation #French #Rafale #India #Indian #Pakistan #Chengdu Aircraft Corporation #Chinese #Shenzhen #Rafales #ISPR

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Sources

khyberchronicles.pk urdu.geo.tv

@aviation07101

Chinese were confident enough to sell it with J-10C for a reason, here were kind of wanted to avoid that deal rather just getting PL-15 for JF-17. How well PAF got this aircraft to set in combat in just couple of years is remarkable. It takes some hours to get there. https://t.co/rwQXtF9dqf

The Khyber Chronicles

@TKCkhyber

🚨🚨 Stock Shock: Rafale Maker’s Shares Plunge as Pakistan’s JF-17 and J-10C Soar After Aerial Victory https://t.co/fYoiCP7Fu1 https://t.co/Fs0Bl8oQGv

Insider Paper

@TheInsiderPaper

JUST IN - Shares of China defense firms surged amid rising India-Pakistan war tensions. Pakistan, a major buyer of Chinese weapons like the J-10C jet, claimed to have downed 5 Indian aircraft, prompting speculation that Chinese systems were used in the clash, Bloomberg reports